Last year Gerry Ford delisted the coffee bar company he founded in 1997 from the London Stock Exchange to pursue expansion plans away from the spotlight. The company has 360 coffee houses in Britain, plus bars in airports and railway stations. Ford has already opened shops in Istanbul, Turkey, and is now is planning to take Caffè Nero’s espresso-based coffee, paninis, soups and salads into eastern Europe and the Middle East. The venture-capital firm Paladin, itself co-founded by Ford, provided £6m of start-up funding and invested again in the £230m public-to-private buyout. Profits have grown 56% annually, from £3.2m in 2004 to £12.1m in 2007.

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Company details
Year2008
Rank77
CompanyCaffè Nero
ActivityCoffee house operator
LocationCentral London
Annual profit growth56.32%
Latest profits £000s12,051
Latest sales £000s108,819
Staff2,239
Founded1997
Websitewww.caffenero.com

If applicable:

* supplied by company † annualised figure